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Coates Hire is yet another company whose ambitions have outgrown their place of birth. The company's acquisitive expansion strategy has moved offshore, to the very same country that bought us the 'Barmy Army, with the purchase of Rentair PLC, the UK's leading hirer of specialist air compressors.

Is this a logical move? We believe so - it helps to geographically diversify their earnings base and there's a good fit with existing operations, given the high degree of commonality between the UK and Australian markets and the corporate cultures of the two companies....

Latest Q&A With Our Experts

In light of the recent takeover bid for COA by the National Hire/Carlyle group consortium do you have any opinion on the scheme of arrangement? Is it good news for holders of COA? I appreciate that you have not reviewed COA since 2005 and you're not ...

Do you guys have a view or preferecne on the plethora of hire companies listed or are they too cyclical? Have been watching Coates and Boom Logistics take a hit and also watching Emeco closely but not sure of the most attractive (if any). As hire com...

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